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Cadillac reports its hand-built Celestiq EV, touted as America's answer to Rolls-Royce, to be priced at US$340,000, with production beginning in December 2023; vehicle features four-wheel steering, all-wheel drive, 300-mile range

Porsche, valued at US$36.8B, named world's most valuable luxury brand for the sixth year; other automotive rankings include Ferrari at ninth, Bentley at 24th, Lamborghini at 30th, RollsRoyce at 38th, McLaren at 41st, Maserati at 45th, Aston Martin at 47th

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